Results 51 to 60 of about 5,616,995 (397)
Financial market crisis and financial market channel [PDF]
Before a new financial architecture can be established in the wake of the financial crisis, the increasing importance of the global financial market channel must be fully understood. This importance was illustrated by the unexpectedly strong dampening effects of the financial crisis on the real economy and by the worldwide contagion of the crisis ...
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Financial Markets and Wages [PDF]
We study a labor market equilibrium model in which flrms sign optimal long-term contracts with workers. Firms that are flnancially constrained ofier an increasing wage proflle: They pay lower wages today in exchange of higher wages once they become unconstrained and operate at a larger scale. In equilibrium, constrained flrms are on average smaller and
Claudio Michelacci, Vincenzo Quadrini
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Financialization in Commodity Markets [PDF]
The financialization view is that increased trading in commodity futures markets is associated with increases in the growth rate and volatility of commodity spot prices. This view gained credence because in the 2000s trading volume increased sharply and many commodity prices rose and became more volatile.
Varadarajan Chari+3 more
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Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals [PDF]
We study herd behavior in a laboratory financial market with financial market professionals. We compare two treatments, one in which the price adjusts to the order flow so that herding should never occur, and one in which event uncertainty makes herding possible.
Marco Cipriani, Antonio Guarino
openaire +8 more sources
Mobile Technology as Part of Banks’ Business Model
During the last few decades, the banking market has changed significantly making banks face new challenges. Mobile technology development has had a powerful impact on all human activities including banking.
Monika Klimontowicz, Janina Harasim
doaj +1 more source
The Financial Market of Environmental Indices [PDF]
This paper introduces the concept of a global financial market for environmental indices, addressing sustainability concerns and aiming to attract institutional investors. Risk mitigation measures are implemented to manage inherent risks associated with investments in this new financial market.
arxiv
We consider dynamics of financial markets as dynamics of expectations and discuss such a dynamics from the point of view of phenomenological thermodynamics. We describe a financial Carnot cycle and the financial analogue of a heat machine. We see, that while in physics a perpetuum mobile is absolutely impossible, in economics such mobile may exist ...
arxiv +1 more source
Understanding Financial Market States Using Artificial Double Auction Market [PDF]
The ultimate value of theories of the fundamental mechanisms comprising the asset price in financial systems will be reflected in the capacity of such theories to understand these systems. Although the models that explain the various states of financial markets offer substantial evidences from the fields of finance, mathematics, and even physics to ...
arxiv +1 more source
An agent-based model for designing a financial market that works well [PDF]
Designing a financial market that works well is very important for developing and maintaining an advanced economy, but is not easy because changing detailed rules, even ones that seem trivial, sometimes causes unexpected large impacts and side effects. A computer simulation using an agent-based model can directly treat and clearly explain such complex ...
arxiv +1 more source
Dual-CLVSA: a Novel Deep Learning Approach to Predict Financial Markets with Sentiment Measurements [PDF]
It is a challenging task to predict financial markets. The complexity of this task is mainly due to the interaction between financial markets and market participants, who are not able to keep rational all the time, and often affected by emotions such as fear and ecstasy.
arxiv +1 more source